Verizon taps blockchain technology to replace SIM cards

The Telecommunications beast Verizon was awarded a patent by the United States Patent and Trademark Office (USTPO) on September 10, for a system that uses blockchain to create virtual SIM cards.

According to the patent, the system’s blockchain would associate a virtual SIM card, or “vSIM”, with a particular user account and then activate the SIM card on a device. The device on which the vSIM card was activated would then send a signal back to the blockchain, confirming activation.

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